Tag: National Energy Board
NEB denies Trans Mountain request to immediately begin building Burnaby Mountain tunnel portals
NEB cites desire to finish detail route hearings in March before ruling on tunnel portal construction The National Energy Board has denied an early start to construction of the entry and exit portals of the underground tunnel through Burnaby Mountain that is part of the Trans Mountain Expansion pipeline project, the federal regulator announced Friday. […]
Kinder Morgan Canada shares jump after TMX ruling
Kinder Morgan Canada shares up as much as 9.5 per cent Kinder Morgan Canada shares rose as much as 9.5 per cent on Friday one day after a ruling by the National Energy Board on the Trans Mountain Pipeline expansion project. On Thursday, the NEB said Kinder Morgan Canada could continue construction work on the […]
Kinder Morgan shares drop as investors fret about permit delays for Trans Mountain Expansion
Kinder Morgan loses $75 million revenue for every month delay to Trans Mountain Expansion project Kinder Morgan Canada shares fell on Tuesday after the company reported its $7.4 billion Trans Mountain Expansion project could miss its expected September 2019 start date. Kinder Morgan released its Financial Expectations for 2018, which pushes back start of construction […]
More GDP with less energy: Canada’s declining ‘energy intensity’
Energy efficiency has been improving for the past decade, but Canada has been slow to keep up The International Energy Agency reports that energy intensity, the energy used to generate a unit of gross domestic product, fell by 1.8 per cent in 2016. According to recent data from the National Energy Board, Canada is also becoming […]
Canadian fossil fuel use peaks in 2019, but not in Alberta until 2037 – NEB study
Alberta fossil fuel use driven by 2.1MM b/d jump in crude oil output from 2016 to 2040, high economic growth The National Energy Board recently released its Energy Future 2017 report (EF2017) that forecasts Canadian fossil-fuel demand could peak in 2019, then plateau until 2040. A follow up study shows that the trend looks quite different across […]
Canadian fossil fuel use plateaus by 2019…then barely declines over next 21 years
Canadian energy consumption stagnates, but production of oil/gas rises substantially, says NEB The headlines will scream that Canadian fossil fuel use plateaus by 2019, according to the National Energy Board’s new energy outlook, but the real story is just how slowly consumption of natural gas and oil declines between now and 2040. The Energy Transition […]
ENGO argument against Energy East pipeline ‘egregious’ and without merit – op-ed
ENGOs should demand that Trudeau government clarify if carbon pricing is Canada’s primary carbon policy mechanism By Dennis McConaghy, former TransCanada VP The Trudeau government’s support for the NEB’s re-scoping the Energy East crude oil pipeline project hearing justifiably generated wide spread condemnation and dismay across the Canadian political spectrum, from the Notley government to […]
NEB ‘modernization’ – not just low oil prices, opposition – makes TransCanada skittish, say experts
Regulator change creates uncertainty, which combines with low oil prices, higher gas prices, politics to make TransCanada slow down on Energy East pipeline The National Energy Board has granted TransCanada’s request for a 30-day suspension of the review for the Energy East and Eastern Mainline pipelines. Some critics of the Trudeau Government’s “modernization” of the […]
Podcast: Former pipeline VP Dennis McConaghy says Trudeau botching energy regulation reform
Link to Markham On Energy podcast at the bottom of story Dennis McConaghy is a former Canadian oil and gas executive, a veteran of the Alberta oil patch, and a convert to the “progressive view” of the energy industry. By progressive, I mean that he accepts climate science, understands that the global consensus around climate […]
NEB announces Trans Mountain Expansion pipeline route change public meetings
Early 2018 hearing in Chilliwack, BC to review proposal by Trans Mountain Expansion to relocate 2 kms of pipeline The National Energy Board (NEB) will hold detailed route hearings in the coming months as part of its ongoing regulatory oversight of the Trans Mountain Expansion Project, the NEB announced Thursday in a press release. Hearings […]
Connect
Connect with us on the following social media platforms.